Elk River Bread Of Life in Elk River, Minnesota (MN)
Table of contents:
- Overview
- Detailed Reports
- Analysis of Revenue and Expenses
- Balance Sheets
- Capital Gains and Losses for Tax on Investment Income
- Excise Tax Based on Investment Income
- Statements Regarding Activities
- Statements Regarding Activities for Which Form 4720 May Be Required
- Minimum Investment Return
- Distributable Amount
- Undistributed Income
- Private Operating Foundations
- Unrelated Trade or Business Income
- Deductions Not Taken Elsewhere
- Other organizations in Minnesota
| Elk River Bread Of Life | |
| Employer Identification Number (EIN) | 411368880 |
| Name of Organization | Elk River Bread Of Life |
| Address | 21078 Elk Lake Rd Nw, Elk River, MN 55330-8960 |
| Activities | Other religious activities |
| Subsection | Charitable Organization, Educational Organization |
| Ruling Date | 11/1980 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Tax Period | 12/2012 |
| Assets | $25,000 to $99,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $70,869 |
| Amount of Income | $228 |
| Form 990 Revenue Amount | $97,967 |
Non-representatives - add comments:
Expenses for 2012
| Analysis of Revenue and Expenses (for 2012) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $228 | $228 | $228 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $228 | |||
| Dividends and interest from securities | $0 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $213,259 | $0 | $3,259 | $213,259 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $3,259 | $0 | $3,259 | |
| Contributions, gifts, grants paid | $210,000 | |||
| Excess of revenue over expenses and disbursements | $-213,031 | |||
| Net investment income | $228 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $70,869 | $70,869 |
| Cash - non-interest-bearing | $70,869 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Total liabilities | $23 | |
| Mortgages and other notes payable | $0 | |
| Other | $23 | |
| Total liabilities and net assets/fund balances | $70,846 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| Net capital loss | $0 |
| Excise Tax Based on Investment Income (for 2012) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $2 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $2 |
| Overpayment | $0 |
| Amount to be credited to 2013 estimated tax | $0 |
| Statements Regarding Activities (for 2012) | |
| During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign? | No |
| Was there a liquidation, termination, dissolution, or substantial contraction during the year? | No |
| Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012? | No |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2012) | |
| During the year did the foundation (either directly or indirectly): | |
| Engage in the sale or exchange, or leasing of property with a disqualified person? | No |
| Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person? | No |
| Furnish goods, services, or facilities to (or accept them from) a disqualified person? | No |
| Pay compensation to, or pay or reimburse the expenses of, a disqualified person? | No |
| Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)? | No |
| Agree to pay money or property to a government official? | No |
| At the end of tax year 2012, did the foundation have any undistributed income for tax year(s) beginning before 2012? | No |
| Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year? | No |
| Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? | No |
| During the year did the foundation pay or incur any amount to: | |
| Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? | No |
| Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive? | No |
| Provide a grant to an individual for travel, study, or other similar purposes? | No |
| Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)? | No |
| Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals? | No |
| Minimum Investment Return (for 2012) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $0 |
| Net value of noncharitable-use assets | $0 |
| Minimum investment return | $0 |
| Distributable Amount (for 2012) | |
| Distributable amount | $0 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $0 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $0 |
| Private Operating Foundations (for 2012) | |||||
| 2012 | 2011 | 2010 | 2009 | Total | |
|---|---|---|---|---|---|
| The lesser of the adjusted net income or the minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Qualifying distributions made directly for active conduct of exempt activities | $0 | $0 | $0 | $0 | $0 |
| Value of all assets | $0 | $0 | $0 | $0 | $0 |
| Value of assets qualifying under section 4942(j)(3)(B)(i) | $0 | $0 | $0 | $0 | $0 |
| 2/3 of minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) | $0 | $0 | $0 | $0 | $0 |
| Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii) | $0 | $0 | $0 | $0 | $0 |
| Gross investment income | $0 | $0 | $0 | $0 | $0 |
| Unrelated Trade or Business Income (for 2008) | |||
| Income | Expenses | Net | |
|---|---|---|---|
| Total | $8,379 | $0 | $8,379 |
| Gross receipts or sales less returns and allowances | $19,989 | $0 | $0 |
| Cost of goods sold | $11,610 | $0 | $0 |
| Gross profit | $8,379 | $0 | $8,379 |
| Capital gain net income | $0 | $0 | $0 |
| Net gain | $0 | $0 | $0 |
| Capital loss deduction for trusts | $0 | $0 | $0 |
| Income (loss) from partnerships and S corporations | $0 | $0 | $0 |
| Rent income | $0 | $0 | $0 |
| Unrelated debt-financed income | $0 | $0 | $0 |
| Interest, annuities, royalties, and rents from controlled organizations | $0 | $0 | $0 |
| Investment income of a section 501(c)(7), (9), or (17) organization | $0 | $0 | $0 |
| Exploited exempt activity income | $0 | $0 | $0 |
| Advertising income | $0 | $0 | $0 |
| Other income | $0 | $0 | $0 |
| Deductions Not Taken Elsewhere (for 2008) | |
| Total deductions | $9,610 |
| Compensation of officers, directors, and trustees | $0 |
| Salaries and wages | $0 |
| Repairs and maintenance | $0 |
| Bad debts | $0 |
| Interest | $0 |
| Taxes and licenses | $0 |
| Charitable contributions | $0 |
| Depreciation | $0 |
| Depletion | $0 |
| Contributions to deferred compensation plans | $0 |
| Employee benefit programs | $0 |
| Excess exempt expenses | $0 |
| Excess readership costs | $0 |
| Other deductions | $9,610 |
| Unrelated business taxable income | $1,231 |
| Unrelated business taxable income before net operating loss deduction | $1,231 |
| Net operating loss deduction | $0 |
| Unrelated business taxable income before specific deduction | $1,231 |
| Specific deduction | $0 |
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| Other organizations in Minnesota | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Eagan Athletic Association | 4286 Daniel Dr, Saint Paul, MN 55123-1993 | MN | 1974-01 | $1,523,019 |
| 2 | Eagan Hockey Association Incorporated | PO BOX 21214, Eagan, MN 55121-0214 | MN | 1991-04 | $7,072,988 |
| 3 | East Grand Forks Blueline Club Inc | PO BOX 125, E Grand Forks, MN 56721-0125 | MN | 1981-09 | $312,098 |
| 4 | Eastern Morrison County 4-Wheeler Club Inc | PO BOX 177, Pierz, MN 56364-0177 | MN | 1993-09 | $674,007 |
| 5 | Edina Athletic Boosters | 6754 Valley View Rd, Edina, MN 55439-1761 | MN | 1974-12 | $238,800 |
| 6 | Edina Hockey Association | 4801 W 50th St, Edina, MN 55424-1330 | MN | 1977-06 | $1,595,859 |
| 7 | Edison Boosters Club Inc | 700 22nd Avenue Ne, Minneapolis, MN 55418 | MN | 1991-10 | $0 |
| 8 | Edison Community Sports Foundation | 3250 Rice Street, St Paul, MN 55126-3080 | MN | 1984-12 | $918,353 |
| 9 | Edwin W And Catherine M Davis Foundation | 30 7th St E Ste 2000, Saint Paul, MN 55101-4930 | MN | 1958-07 | $7,802,488 |
| 10 | Prairie Ridge Hospital And Health Services Inc | 1411 Hwy 79 E, Elbow Lake, MN 56531-4647 | MN | 1995-04 | $15,539,470 |
| 11 | Elk River Bread Of Life | 21078 Elk Lake Rd Nw, Elk River, MN 55330-8960 | MN | 1980-11 | $228 |
| 12 | Elk River Youth Hockey Association Inc | PO BOX 193, Elk River, MN 55330-0193 | MN | 1972-07 | $2,941,531 |
| 13 | Elks Quarterback Club | PO BOX 240, Elk River, MN 55330 | MN | 1999-03 | $130,808 |
| 14 | Ely Blue Line | PO BOX 516, Ely, MN 55731-0516 | MN | 2007-05 | $58,748 |
| 15 | Ely-Bloomenson Community Hospital & Nursing Home | 328 W Conan St, Ely, MN 55731-1145 | MN | 1957-04 | $17,312,171 |
| 16 | Emily Firemens Relief Association | PO BOX 163, Emily, MN 56447-0163 | MN | 1998-01 | $320,078 |
| 17 | Eritrean Community Center Of Minnesota | 1935 University Ave W, St Paul, MN 55104-3427 | MN | 1996-11 | $100,509 |
| 18 | Ernest S And Sally A Micek Family Foundation | 5980 Loring Dr, Minnetrista, MN 55364-9431 | MN | 2000-11 | $191,426 |
| 19 | Essentia Health, David Herman Mbr | 502 E 2nd St, Duluth, MN 55805-1913 | MN | 2003-11 | $76,882,894 |
| 20 | Evansville Historical Foundation, C-O Wilbur Nelson | PO BOX 337, Evansville, MN 56326-0337 | MN | 1991-09 | $302,167 |
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